Committee Composition

Louis Hernandez, Jr., is Chairman, President and Chief Executive Officer of Avid, the leading provider of audio and video technology used to help creative and media professionals make, distribute and monetize the most listened to, most watched and most loved digital media in the world. Headquartered in Burlington, MA with over 1,500 employees worldwide, Avid’s proven and trusted solutions have won hundreds of industry and technology awards, including two Oscars® a Grammy®, and 14 Emmys®. Built upon a 25-year heritage of innovation, and holding over 200 patents, Avid provides open, flexible, and scalable products and solutions to the world’s preeminent community of media enterprises and content creators.

Mr. Hernandez is a proven growth-oriented technology executive with expertise in operational execution and results-driven performance in a variety of complex technical fields including content management,
e-commerce, workflow management and financial services. His focus and passion is to advance technology initiatives that specifically enable the active collaboration and connection between individuals, teams, and businesses. Before becoming CEO, he served for five years on Avid’s Board of Directors, including a period as lead Director. Appointed CEO in February 2013, Mr. Hernandez is now leading the company into its next phase of growth and market leadership. To that end, Mr. Hernandez oversees Avid’s strategic investments in product innovation, solutions, and services that help content creators and media organizations better connect with and inspire their audiences, both now and in the future.

Prior to joining Avid, Mr. Hernandez was the Chairman of the Board and Chief Executive Officer of Open Solutions Inc., a technology provider to financial institutions worldwide, which was sold in January 2013 to Fiserv, Inc for over $1 billion. He currently serves on the Board of Directors for HSBC North America Holdings, Inc., HSBC USA Inc., and ScoreBig, Inc., and is an award winning entrepreneur who has founded and advised technology organizations ranging from start-ups to large publicly traded companies.

Mr. Hernandez is the author of two books, Saving the American Dream—Main Street’s Last Stand, and Too Small to Fail, numerous articles, and has received many professional distinctions for his expertise in business and technology. He has also been a featured guest on Fox Business, CNBC, ABC News, and Bloomberg TV, where he discusses technology, economics, strategic planning and globalization.

Through his private foundation, Mr. Hernandez actively supports children’s issues and advances in healthcare and education. Additionally, he is involved in a diverse range of community issues, including advancing the physical and emotional health of children, and promoting education in science. In particular, the Cystic Fibrosis Foundation named Mr. Hernandez a Community Leader of the Year in honor of his many contributions to the community.

Robert M. Bakish

President and Chief Executive Officer, Viacom International Media Networks

Robert M. Bakish is President and Chief Executive Officer of Viacom International Media Networks, a division of Viacom Inc. In this role, Mr. Bakish oversees Viacom's Media Networks properties outside the United States, including MTV Networks International, BET Networks' international channels and non-premium Paramount branded networks. Mr. Bakish is also Chairman of the Board of Viacom 18 (Viacom's Indian joint venture which operates the Colors Television Network as well as MTV, VH1 and Nickelodeon) and serves on the boards of Viacom's joint ventures with BSkyB and Telecom Italia Media.

Previously, Mr. Bakish was President of MTV Networks International where he had P&L and management responsibility for MTV Networks International overseeing all MTV Networks operations outside of the United States. MTV Networks is a premier creator of multimedia entertainment with content that spans kids, music and general entertainment. Prior to that, Mr. Bakish was Executive Vice President, Operations, of Viacom Enterprises, responsible for Viacom's strategic planning and business development, the Viacom Plus Sales Group, IS&T as well as the Famous Music publishing company. Prior to that, he served as Executive Vice President and Chief Operating Officer, MTV Networks Advertising Sales and was Chairman of the Cable Television Advertising Bureau. During this period, Mr. Bakish also had responsibility for MTV Networks' strategy and business development. Prior to joining MTV Networks, Mr. Bakish was Senior Vice President, Planning, Development and Technology at Viacom Inc. Before joining Viacom, Mr. Bakish was a partner with Booz Allen & Hamilton in its Media and Entertainment practice.

Mr. Bakish received an M.B.A. from the Columbia University School of Business in 1989 and a B.S. in Operations Research from Columbia's School of Engineering and Applied Science in 1985.

Mr. Billings is the Chairman of Avid's board of directors. Since 1987, Mr. Billings has been the President of Billings & Co., a management consulting firm focused on the wireless communications and related industries. Mr. Billings also served as Chief Operating Officer from March 1998 to June 1998 and as Chief Executive Officer from June 1998 to May 1999 of Silicon Wireless, Ltd., a developer of wireless communication technology. In addition, from May 1992 to May 1997, Mr. Billings served first as the Chief Operating Officer and later as Vice Chairman of Radio Movil Digital Americas, Inc., a wireless dispatch communications company with investments in South America. Previously, Mr. Billings served as General Manager of the Washington-Baltimore Cellular Telephone Partnership (d/b/a Cellular One), and as Vice President of Corporate Development of the Communications Satellite Corporation.

Dr. Daley has been Dean of the School of Cinema-Television at the University of Southern California since 1991, and Executive Director of the Annenberg Center for Communication at the University of Southern California since 1993.

Nancy Hawthorne has been a member of the Avid board of directors since 1997 and has worked closely with Avid senior management team as the company has diversified its business and more than doubled revenues in the last five years. As chief financial officer of Continental Cablevision, Inc., Ms. Hawthorne was responsible for treasury, mergers and acquisitions, investor relations, accounting functions, and oversaw the company's financial strategy and capital markets activities. Following Continental Cablevision's merger with US West Inc., she became an executive vice president of the merged company, MediaOne. Ms. Hawthorne holds a bachelor of arts degree from Wellesley College and a master of business administration degree from the Harvard Business School.

Senior Associate Dean for Strategy and Innovation, Harvard Business School

Dr. Moon has been a professor at Harvard Business School since 1998. Prior to that, Dr. Moon was professor at the Massachusetts Institute of Technology from 1997 to 1998. From 1991 to 1993, Dr. Moon was a producer for the NBC News affiliate, KRON, in San Francisco, California.

President and Chief Executive Officer, Viacom International Media Networks

Robert M. Bakish is President and Chief Executive Officer of Viacom International Media Networks, a division of Viacom Inc. In this role, Mr. Bakish oversees Viacom's Media Networks properties outside the United States, including MTV Networks International, BET Networks' international channels and non-premium Paramount branded networks. Mr. Bakish is also Chairman of the Board of Viacom 18 (Viacom's Indian joint venture which operates the Colors Television Network as well as MTV, VH1 and Nickelodeon) and serves on the boards of Viacom's joint ventures with BSkyB and Telecom Italia Media.

Previously, Mr. Bakish was President of MTV Networks International where he had P&L and management responsibility for MTV Networks International overseeing all MTV Networks operations outside of the United States. MTV Networks is a premier creator of multimedia entertainment with content that spans kids, music and general entertainment. Prior to that, Mr. Bakish was Executive Vice President, Operations, of Viacom Enterprises, responsible for Viacom's strategic planning and business development, the Viacom Plus Sales Group, IS&T as well as the Famous Music publishing company. Prior to that, he served as Executive Vice President and Chief Operating Officer, MTV Networks Advertising Sales and was Chairman of the Cable Television Advertising Bureau. During this period, Mr. Bakish also had responsibility for MTV Networks' strategy and business development. Prior to joining MTV Networks, Mr. Bakish was Senior Vice President, Planning, Development and Technology at Viacom Inc. Before joining Viacom, Mr. Bakish was a partner with Booz Allen & Hamilton in its Media and Entertainment practice.

Mr. Bakish received an M.B.A. from the Columbia University School of Business in 1989 and a B.S. in Operations Research from Columbia's School of Engineering and Applied Science in 1985.

Mr. Billings is the Chairman of Avid's board of directors. Since 1987, Mr. Billings has been the President of Billings & Co., a management consulting firm focused on the wireless communications and related industries. Mr. Billings also served as Chief Operating Officer from March 1998 to June 1998 and as Chief Executive Officer from June 1998 to May 1999 of Silicon Wireless, Ltd., a developer of wireless communication technology. In addition, from May 1992 to May 1997, Mr. Billings served first as the Chief Operating Officer and later as Vice Chairman of Radio Movil Digital Americas, Inc., a wireless dispatch communications company with investments in South America. Previously, Mr. Billings served as General Manager of the Washington-Baltimore Cellular Telephone Partnership (d/b/a Cellular One), and as Vice President of Corporate Development of the Communications Satellite Corporation.

Dr. Daley has been Dean of the School of Cinema-Television at the University of Southern California since 1991, and Executive Director of the Annenberg Center for Communication at the University of Southern California since 1993.

Nancy Hawthorne has been a member of the Avid board of directors since 1997 and has worked closely with Avid senior management team as the company has diversified its business and more than doubled revenues in the last five years. As chief financial officer of Continental Cablevision, Inc., Ms. Hawthorne was responsible for treasury, mergers and acquisitions, investor relations, accounting functions, and oversaw the company's financial strategy and capital markets activities. Following Continental Cablevision's merger with US West Inc., she became an executive vice president of the merged company, MediaOne. Ms. Hawthorne holds a bachelor of arts degree from Wellesley College and a master of business administration degree from the Harvard Business School.

Senior Associate Dean for Strategy and Innovation, Harvard Business School

Dr. Moon has been a professor at Harvard Business School since 1998. Prior to that, Dr. Moon was professor at the Massachusetts Institute of Technology from 1997 to 1998. From 1991 to 1993, Dr. Moon was a producer for the NBC News affiliate, KRON, in San Francisco, California.